Property for Sale in Red Wing
480 8th Street
Red Wing, MN 55066
Property Details
Year Built
1965
Square Feet
8,400
Parking Features
Parking Lot,Paved Lot
Acres
0.38
Zoning
Residential-Multi-Family
2026 Property Taxes
$8,225
School District
Red Wing
County
Goodhue
The Downton Abbey is located in the historic city of Red Wing, Minnesota. Just a few short blocks to the downtown central business district and the iconic St. James Hotel. Claimed to be one of the oldest cities in all of Minnesota, it is storied with a rich history. Originally built in 1965 for the sisters of Saint Jospeh parish as a convent, this stunning three story all-brick building was transformed in 2025-2026 with six well-appointed units. There are two 3-bedroom, two 2-bedroom, and two 1-bedroom apartments spread out over the main and upper floors. The interior has been totally updated with new custom kitchens, quartz countertops, undermount sinks, stainless steel appliances including full size dishwashers and built-in microwaves, and energy-efficient Whirlpool name-brand stack washers and dryers in all apartments. The exterior has received a 30-year pitched asphalt shingled roof, Andersen series 100 windows, and the brick was tuck-pointed. The units offer luxury vinyl plank flooring, LED lighting, Kohler plumbing fixtures, tiled shower surrounds, two panel shaker interior doors, and plush carpeting in the bedrooms. Brand new electrical, plumbing, and sprinkler systems installed. Sits on an oversized corner lot with 0.38+ acres and a freshly laid 12-stall parking lot for residents to enjoy. Walking distance to shops, restaurants, churches, and the entertaining Sheldon Theatre of performing arts! PROPERTY FACTS: Year Built: 1965 Years Renovated: 2025-2026 Units: 6 garden style apartments Square Footage: Building total 8,400+ sqft Zoning: Multiple-dwelling Parking: 12 off-street parking spots Exterior: All-brick and stone exterior Heating: Individual electric furnaces / tenants pay their own unit heat Air Conditioning: Central air conditioning units / tenants pay their own AC Roof: Pitched roof new in 2025 Laundry: Each unit has a Whirlpool name brand stack Washer and Dryer unit / seller owned Storage: There are extra rooms in the lower level for tenant storage lockers UNIT DESCRIPTIONS: 1 - Three Bedroom, Two Bath - Approx. 1,015+ Sqft. / Average rent $2,100.00 1 - Three Bedroom, One Bath - Approx. 940+ Sqft. / Average rent $1,950.00 2 - Two Bedroom, One Bath - Approx. 560+ Sqft. / Average rent $1,650.00 2 - One Bedroom, One Bath - Approx. 445+ Sqft / Average rent $1,350.00 PROPERTY IMPROVEMENTS: Hallways and common areas recently painted and carpeted (2025) Newer hot water heaters (2025) Brand new forced air furnaces and central AC (2025) Exterior concrete steps and sidewalk (2026) Brand new Andersen Series 100 double-hung windows throughout the building (2025) Apartment entrance steel doors recently repainted All six of the apartments have been totally renovated from top to bottom with newer luxury vinyl plank flooring (LVP), carpet in bedrooms, new trim and doors, drywall and fresh paint, new tiled bathrooms and vanities, new custom kitchen cabinets and quartz countertops, new light fixtures, new blinds, and stainless steel appliance package.
From downtown Red Wing you go southeast to property / the property is a yellow brick 3-story on the corner of 8th street and East Ave
Features
Utilities
Electric Separate,Heating Separate,Hot Water Common
Cooling
Central Air
Heating
Forced Air,Heat Pump
Sewer
City Sewer/Connected
Water
Public
Lot Size
120 x 150
Foundation
Block,Brick/Mortar
Additional Info
Includes
Dishwasher,Dryer,Microwave,Range,Refrigerator,Washer
Listed By
Nathan Opatz of Apartment Cash Flow, Inc.
Listed
08/28/26 and last updated 08/28/26
Based on information submitted to the MLS GRID or Trestle as of DATE and TIME. All data is obtained from various sources and may not have been verified by the broker, MLS GRID, or Trestle. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
